The long awaited launch of Florida sports betting is upon us, but there is no need for celebration. As the state is mired in lawsuits challenging its agreement with the Seminoles, claiming it violates federal law by authorizing sports wagering not on Tribal lands. Officially, the state has authorized the legal wagering on sporting events to start today, October 15th. However, no casino in the state is accepting bets, and they haven’t announced if or when they will do so. Florida sports wagering legislation was originally passed in May of this year. Local media reports that there may be some…

A new partnership for sports betting, fantasy sports and online gambling has been forges between the NHL and DraftKings. As part of the agreement, DraftKings will be the official sports betting, fantasy sports, and online gambling partner of the hockey league. This deal will give DraftKings the ability to use the NHL logo for promotions during hockey season, as well as the playoffs and finals. Additionally, there will be opportunities for DraftKings to work with the leagues digital media platform. The Chairman of DraftKings stated they “…look forward to collaborating with the NHL… to provide hockey fans with what’s next…

Trailing their competitor, FanDuel, by a significant market share, a DraftKings takeover of Entain has been floated… a deal worth an estimated $22.4 billion. The international bookmaker confirmed the offer in a filing with London Stock Exchange. An initial offer of 2,500 pence per share was made, but subsequently rejected by Entain. However, a press release confirmed that a second offer was received in mid-September for 2,800 pence per share. That would be a premium of over 46%. The Board at Entain went on to say that they “will carefully consider” the takeover proposal and respond when appropriate. They urged…

Betting on sports in the US continues to grow rapidly, and FanDuel sports betting is far out in front of even their closest competition. In June of this year, the company occupied over a 40% share of American sports wagers. Their nearest rival, DraftKings, had just a 23% share during that same time. FanDuel’s, which was founded in 2009, now has a 42% share of the market, which is actually a 35% increase when compared to months before. So what has propelled the company to such new heights? Their acquisition by Irish bookmaker Flutter Entertainment. Now, according to estimates from…

In the United States, sports betting is a long-standing tradition. It’s been around since before people were born in America, and it will be here for a very long time. Recently, eSports have become more popular than ever, with over 200 million viewers worldwide watching professional gamers play video games on different platforms. While eSports betting is still in its relative infancy, it is expected to grow in the coming decades exponentially. With more states legalizing online eSports betting sites, we foresee a boom in value and popularity. The Past and Present of eSports With the evolution of eSports games…

After Hurricane Ida pushed the launch of Louisiana sports betting back, things look to be on track once more. Originally slated to roll out in September, all indications are residents will be able to bet on sporting events by mid-October… if not sooner. In an interview with USA Today, the Chairman of the Louisiana Gaming Control Board, Ronnie Johns, stated that the state “Our goal now is to have them up and running by Oct. 1st”. However, operators from outside of the state have not been licensed as of yet. The Board hopes to have some at least some of…